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White Paper: Smart Metering: A Technology Whose Time Has Come?
Definitions of what exactly smart metering is vary. But most utility people, whether they are in electricity, gas or water, agree that taking utility metering from the rudimentary systems we see today to another more sophisticated and interactive level will bring real benefits right across the business, across the value chain, to customers—and to the environment too.
This white paper takes as its cue two significant developments in the evolution of smart metering. One is the announcement of a series of government-supported smart- metering trials, which will begin across Britain in early 2007. The other is the successful completion of the rollout by energy company Enel of smart electricity meters across the whole of Italy.
Both of these developments could finally usher in an era of smart metering across Europe and beyond. But any new technological breakthrough has costs and, thus, needs to be justified. What are the benefits of smart metering—and what appetite do utility companies and their customers have for it?
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